The 30th Hong Kong Fair of Precious Stones and Jewelry, held in Hong Kong from March 5 to 9, provided optimistic sentiment for market participants, according to a weekly message from Diamond World. According to the organizers of the fair, this year the event was attended by a record number of exhibitors - 3,300 companies from 49 countries and regions. The customer traffic at the Hong Kong Fair was also active, which confirms the importance and leading role of the Asian markets, and also indicates the return of interest in goods and revitalization in the industry. 
It seems that the participants of the diamond industry were satisfied with the Hong Kong Fair. Demand for diamonds was good, although prices did not fully meet the wishes of buyers. However, the very fact that diamonds are in demand is evidence of the process of replenishment of stocks and consequently of certain activity in the market.
Over the past few years, Asian markets have been key drivers of demand, they have experienced the same periods of economic turmoil, high diamond prices and low demand. Last year, the business of diamantaires was rather sluggish. But now, when the demand for diamonds is restored and a huge number of Chinese buyers have come to the market, industry participants hope that the enthusiasm observed at the fair will become the basis for the development of the industry in a new, positive direction.